October's First-Time Homebuyer Report for Pierce County

Pierce County is much older the rest of Washington, with a median age of 35. However, it happens to be the eighth- richest county in the state, with a median income of $55,356 per household. Tacoma, Auburn, and Lakewood are the three largest cities in terms of population. The Pierce County market is almost exclusively made up of detached homes, currently accounting for 99% overall. Heading the list of top schools in the county is Centennial Elementary School.

Price Range

The housing prices of Pierce County are close to the state average with a median home value of $191,200 and a current average list price of $329,290. With a median house value of 407,300, Fox Island has the most highly priced homes in the county.

Make sure you take a look at these eye-catching homes in Pierce County that generated the most views from potential buyers:

$399K   $719K   $539K  

Typical Dwelling

A three-bedroom detached home valued around $295,162 is considered a typical dwelling in Pierce County. If a buyer was looking for a similar home, they would need good credit and a $59,032 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,396 and the property tax rate is $13.07 per $1,000 of taxable assessed value.

Get started right now by checking out Pierce County homes for sale or reviewing Pierce County real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Keller Williams
Snapped 2 homes in this area
Burger Professionals
Snapped 65 homes in this area
Viking Realty
Snapped 19 homes in this area

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